Over 800,000 people quit the labor force in September. They packed it in. They stopped looking for work. That is six times the number who quit looking in August and five times the monthly average of those who have given up the search for work in the year since Lehman Brothers died.
Adding to the near 15 million unemployed those who have given up looking for work and those who have taken low-paying part-time jobs, the Times estimates the true employment rate at 17 percent. We used to call that a depression.
Friday, October 09, 2009
Hire Americans First! - HUMAN EVENTS
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment